Multi Bintang (Indonesia) Price on September 2, 2024
| MLBI Stock | IDR 6,300 10.00 0.16% |
If you're considering investing in Multi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multi Bintang stands at 6,300, as last reported on the 26th of November, with the highest price reaching 6,400 and the lowest price hitting 6,225 during the day. As of now, Multi Stock is very steady. Multi Bintang Indonesia has Sharpe Ratio of 0.0838, which conveys that the firm had a 0.0838% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Multi Bintang, which you can use to evaluate the volatility of the firm. Please verify Multi Bintang's Risk Adjusted Performance of 0.0694, mean deviation of 0.8587, and Downside Deviation of 1.41 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Multi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi |
Sharpe Ratio = 0.0838
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | MLBI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Multi Bintang is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Multi Bintang by adding it to a well-diversified portfolio.
Multi Bintang Valuation on September 2, 2024
It is possible to determine the worth of Multi Bintang on a given historical date. On September 2, 2024 Multi was worth 5848.88 at the beginning of the trading date compared to the closed value of 5848.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi Bintang stock. Still, in general, we apply an absolute valuation method to find Multi Bintang's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Multi Bintang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi Bintang's related companies.
| Open | High | Low | Close | Volume | |
| 5,728 | 5,752 | 5,728 | 5,728 | 101,000 | |
09/02/2024 | 5,849 | 5,873 | 5,825 | 5,849 | 109,400 |
| 5,849 | 5,849 | 5,776 | 5,825 | 219,000 |
| Backtest Multi Bintang | | | Multi Bintang History | | | Multi Bintang Valuation | Previous | Next |
Multi Bintang Trading Date Momentum on September 2, 2024
| On September 03 2024 Multi Bintang Indonesia was traded for 5,825 at the closing time. The highest price during the trading period was 5,849 and the lowest recorded bid was listed for 5,776 . The volume for the day was 219 K. This history from September 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.41% . The trading delta at closing time to the current price is 2.07% . |
Multi Bintang Indonesia Fundamentals Correlations and Trends
By evaluating Multi Bintang's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Multi Bintang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multi Bintang Stock history
Multi Bintang investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Multi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Bintang Indonesia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Multi Bintang stock prices may prove useful in developing a viable investing in Multi Bintang
PT Multi Bintang Indonesia Tbk produces and markets alcoholic and non-alcoholic beverages in Indonesia. PT Multi Bintang Indonesia Tbk is a subsidiary of Heineken International B.V. Multi Bintang operates under BeveragesBrewers classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 411 people.
Multi Bintang Stock Technical Analysis
Multi Bintang technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Multi Bintang Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Multi Bintang Indonesia cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Multi Bintang November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi Bintang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multi Bintang shares will generate the highest return on investment. By undertsting and applying Multi Bintang stock market strength indicators, traders can identify Multi Bintang Indonesia entry and exit signals to maximize returns
Multi Bintang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi Bintang's price direction in advance. Along with the technical and fundamental analysis of Multi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.1802 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | (0.29) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Multi Stock
Multi Bintang financial ratios help investors to determine whether Multi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Multi with respect to the benefits of owning Multi Bintang security.